Yesterday, a headline said china planning to surprise trump and negotiators with a last minute plan for phase one to remove september tariffs this has never been talked about. Delaying future tariffs was the most we were going to agree on trump was getting traction because of the bite. This has never been on the table. China will get it done then i read it today it said these are now part of the negotiation. The way it was cast is that it was almost like an appeasement or throwing in the hand. Is it negotiations or are we backing down the deal is likely to get done each side wants to say we got what we wanted now, if that happens, the markets will be like that. Thats the big question, does the market care if it comes without any teeth. Do they just want a truce and no more ramped up sort. For phase one, do they want to give up what they were working to force them out of the table. I think what the market is really looking foreGoing Forward is if you are going to continue conversations.
Think they are all at odds with each other about some of this, because as i say, things are not good in the chart, suicide, clinical depression, all of this stuff, its not a happy country, bidens Approval Ratings are are, its like only his mother still likes him, i mean, its and this is true in the uk too, you an unelected Prime Minister has has terrible. Approval ratings, were seeing protests all over the world, all over the world, every part of the planet protests for palestinian independence, everywhere, we are not seeing any pro israel protest, so governments have a certain degree of you selfinterest and and calculus here, that that they have to recognize that ultimately they want to stay in power, theyre going. Going to have to get with uh with popular opinion and and popular opinion globally is overwhelmingly for palistin. Okay, very well, thank you very much, we do appreciate your thoughts and input there, john stepling, author and commentator from indoor norway, prior to that w
Cat catalon region an american diplomat is being arrested in istanbul german production surges in the month of august posing its biggest increase in more than six years. Good morning, Everyone Welcome to the show once again the start of a brandnew week. Lets look at the stock 600 map looks like this. We are modestly higher to the tune of 1 3 of a percent this comes after the fourth straight week of gains the dax hitting a new record high and were seeing a little bit of a rebound in the spanish stocks the eibex up. Lets look at the indices one by one. The vix 100 is off a slight recovery trade for the pound sterling the xetra dax is up by 1 4 of 1 up by 29 points and we dont have the ibex on there what i do see is up by a bit that will surely continue this week there is still a lot of nervousness around when independence will formally be declared lets also have a look at the spanish stocks and how theyre trading today. Once again it seems like investors are going back into these beaten
French police carry out a series of overnight raids across the count try as the manhunt for more suspects continues. The u. K. , u. S. And russia said to hold talks with syria after french responds with 20 bombs dropped on the isis strong hold. European stocks have early losses. Ecor and euro tunnel are trading sharply lower today. French president manuel viles warns more attacks could occur over day claiming, quote, france is at war with terrorism. He said fridays attacks were planned from within syria and the government has foiled five other plots. Translator facewide this war against terrorism, we cant disregard any piece of information or any tools to help protect the french people. We will act on all fronts in order to destroy isis without respite. French police have carried out over 150 overnight raids across the country in Counter Terrorism operations and the searches were confirmed by the french Prime Minister manuel valls with five main locations being targeted. This as an Int
Break fees. There is an uneasy calm in financial markets. Thats the warning from the bank of international settlements. B. I. S. Which says that a fed rate hike could trigger renewed panic in emerging markets. Getting the icahn service. The billionaire investor takes a 12 billion stake in Service Retailer pep boys sending shares higher after hours. Good morning, im carolyn roth. Coming up on the show, nothing ventured, nothing gained. Googles head of Venture Capital says Tech Startups are waiting too long to go public. Sweeping changes in venezuela. We assess the implications of a new government after nearly two decades of socialist rule come to an end. And can climate talks in paris propel us towards a greener future. The ceo of vestas speaks to us later in the show. Here we are kicking off new trading week. Off the 2 rally that we saw on friday. Its the biggest number that weve seen. The implied open looks like we are above fair value. Looks like the rally continues today. Industrial